Vertiv is trading 4.6% down at $280.74 as the recent AI infrastructure rally continues to unwind.
- Investors are locking in profits and re-rating rich valuations after strong year-to-date gains, amid broader tech and semiconductor weakness.
- Sentiment is being tempered by concerns that hyperscalers may pursue in-house cooling and power solutions, potentially impacting demand for Vertiv’s data center infrastructure exposure.